I'm Afraid To Use My Savings To Pay Off Debt

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[Lourd-Bab]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[Nathan_Banuelos]

Dave just helped my girlfriend pay off 25 k of student loans in 2 years! This guy is the best for helping folks out.

[JT-lqyd]

I don't even want to know what the interest on that 40K CC debt is.

[Je.rone_]

*sometimes when you use a large chuck of your cash to pay off debt you feel poorer cause you have less money, but your not... trust me your not. I paid of roughly $7, 000 of debt in 2019 and it is great*
💪🌚

[factscine]

I worked 3 jobs while in undergrad. It took me 6 years to finish but I graduated debt free

[BagsNBaguettes_]

They spent 40k in credit cards and couldn’t replace their AC unit?!? 🤔 I wonder how much shopping they did trying to keep up with the joneses...

[mgraber]

After my divorce, I had about 12 grand in outstanding debt, old credit cards that stopped getting paid, dish network, among other things. I paid all that off in about 3 months, paid it off just before Christmas. Now all I have left is 10 grand on my car, which I am current on. This was the first step of rebuilding my life. Thanks Dave.

[doobiewilson]

$6500 credit card debt paid in 3 months because we were angry at the interest we had already paid! 2 more to go!!!

[Semiam]

I like the way Dave gets to the emotional side of this argument. It’s the strength of determination and will to do it.

[steve]

Just had the AC go out and the plumbing emergency fund helped keep me from a hard situation getting worse. Thank you Dave Ramsey!

[cato]

Debt is evil. Eliminate debt immediately.

[ShakespeareCafe]

Don’t go to a restaurant unless you work there
Sage Advice

[seniormgmt]

"How long have you been working on this?"
*nervous laugh*

[DamonLeeK]

If you are being charged at 10% for your debt, and your savings are giving you 3%.... You pay off the debt.

[noemihinojosa]

Makes me think that people are just not willing to struggle to be debt free. Live within your means and live stress free. That’s a lot of credit card debt.

[Misstresbelle]

My boyfriend works for an HVAC company any let me tell you...the profit they make is INSANE. Those units are like 2k and they charge 15-20k for new installations. Find an independent person not a company if you wanna save money

[lacigalvanssleepmeditation]

I feel annoyed at people, they keep asking the same questions just in different ways. No wonder Dave yells, he’s repeating himself constantly. The idea is always this; don’t spend what you don’t have and pay your debt off!

[dragonofparadise]

Only a $2, 000 car loan left, so close now. :)

[JohnnyB]

Done the grind.... no restaurants, no vacations, no new clothes etc etc. it worked. Got through it only debt now is my mortgage. He’s right it’s not just the numbers and math part of it the sleeping part. I sleep so much better now.

[TRUCKERTV]

I agree Dave, get a couple of window units and get out of debt. Its a spiritual commitment.